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Jim Cramer says investors betting against Honeywell have it all wrong. Here's why - TL;DR CNBC

Jim Cramer says investors betting against Honeywell have it all wrong. Here's why

Publishing timestamp: 2023-10-10 12:02:00


Summary

CNBC's Jim Cramer is positive about Honeywell International's guidance affirmation and restructuring plans. He believes the new CEO, Vimal Kapur, will take action to improve the company. Honeywell's stock has declined this year, but Cramer sees potential in its aviation unit and views the restructuring as a first step.


Sentiment: MIXED

Tickers: .SPX,  HON,  CAT,  EMR, 

Keywords: business news,  jim cramer,  honeywell international inc,  investingclubsample,  emerson electric co,  investment strategy,  s&p 500 index,  caterpillar inc,  stock takes,  breaking news: markets,  markets, 

Source: https://www.cnbc.com/2023/10/10/jim-cramer-says-investors-betting-against-honeywell-have-it-all-wrong-heres-why.html


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